Lexmark moves slowly, but solidly. Its latest move is the acquisition of medical imaging technology provider Claron in an all cash deal worth $37 million.
Lexmark has also announced that once the deal is closed it will incorporate Claron’s medical content management technology into Perceptive, the enterprise content management vendor that Lexmark bought in 2010 for $280 million.
If this all appears to be a little marginal to the main ECM game plan, then think again.
New research by Dallas-based MarketsandMarkets has estimated that the medical document management systems market could be worth an estimated $425 million by 2019, up from $220 million this year. While that is a relatively small amount of money in the overall ECM scheme of things, there are few enough players in the market, making it a lucrative if specialized sweet spot.